Lucid Motors will begin producing its luxury electric vehicle for customers at its new Arizona factory in early 2021, about three months later than expected due to a slowdown caused by COVID-19. The company, which plans to unveil a production version of the Lucid Air in an online event scheduled for September 9, said construction…
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General Motors is retreating from Australia, New Zealand and Thailand
Mary Barra, Chairman and CEO of General Motors.Bill Pugliano | Getty ImagesGeneral Motors is continuing a years-long global restructuring to concentrate on high-profit markets such as North America and China.The Detroit automaker said Sunday that it will "wind down" its sales, design and engineering operations in Australia and New Zealand and discontinue its Holden brand…
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